Showing archive for: “Innovation & Entrepreneurship”
Regulating Interchange Fees will Promote Term Repricing that will be Harmful to Consumers and Competition
Although the mechanisms vary, legislation pending before Congress on interchange has a basic central purpose—to reduce interchange fees, either indirectly or directly. If adopted, these efforts will likely succeed in their intended goal of reducing interchange fees. But they will also likely have substantial unintended consequences that will prove harmful to consumers and competition and ... Regulating Interchange Fees will Promote Term Repricing that will be Harmful to Consumers and Competition
ELS, CELS and Bubbles in Legal Scholarship
Some interesting thoughts from David Zaring and Larry Ribstein on the future of the empirical legal studies movement and its flagship conference, CELS. Zaring asks whether there is enough glue holding the various constituencies within the ELS movement together. Ribstein warns of an empirical bubble and argues that the real need for an umbrella organization ... ELS, CELS and Bubbles in Legal Scholarship
Antitrust to Protect "Small Dealers and Worthy Men"?
As I skimmed through the White House White Paper on innovation (HT: Patently-O), I noticed that a repeated theme in the document is that US innovation policy must “Promote Competitive Markets that Spur Productive Entrepreneurship” (e.g., p. 9). There is no real substantive discussion of antitrust issues in the White Paper, except for the following ... Antitrust to Protect "Small Dealers and Worthy Men"?
Weiser on Carrier’s Innovation in the 21st Century
It is trite to say that “we are all Schumpeterians now.” When it comes to appreciating the importance of innovation and entrepreneurship, however, we are. Schumpeter, unfortunately, did not leave a theory of innovation that lends itself to easy application to public policy prescriptions, as Brad De Long has explained so clearly. By so clearly ... Weiser on Carrier’s Innovation in the 21st Century
Elhauge Lecture on Antitrust, Entrepreneurship, and Innovation
Here’s the program announcement: All are invited to The Ewing Marion Kauffman Foundation Distinguished Lecture in Antitrust, Entrepreneurship, and Innovation, with 2009 Guest Lecturer Prof. Einer Elhauge, Harvard Law School. The lecture will be held at the American University Washington College of Law, 4801 Massachusetts Ave., N.W., Washington, DC, 6th floor, on February 24, 2009. ... Elhauge Lecture on Antitrust, Entrepreneurship, and Innovation
Evans on Antitrust & the Global Internet Economy
From the Northwestern University Law Review Colloquy, David Evans explores the implications of the emerging global internet economy for antitrust. Here’s the closing two paragraphs: We can expect the web-based industries will follow the same trajectory, and thus far they have. Massive entry has taken place. As with many new industries, we remember the YouTubes ... Evans on Antitrust & the Global Internet Economy
Law and Economics 2.0
Readers of TOTM know that the future of law and economics is a frequent topic of discussion here, and a topic in which I am both personally invested and spend a good deal of time thinking about (see, e.g. my blog series on the future of law and economics here). Legal Pad (at CNN/Fortune Magazine) ... Law and Economics 2.0
RPM and the NIE
I’ve just spent a couple of great days in spectacular Boulder, Colorado at a conference on the New Institutional Economics (NIE). (Not sure why the “the” is required, but it always seems to be used.) The conference, organized by Colorado Law’s Phil Weiser and hosted by the Silicon Flatirons Center for Law, Technology, and Entrepreneurship, ... RPM and the NIE
Growthology
Growthology is a new economics blog by Tim Kane and Bob Litan that, as the name suggests, focuses on all things to do with economic growth and particularly, entrepreneurship. Yesterdays posts include an interview with SSRN founder Mike Jensen. (HT: Peter Klein).
Conference: The Economics and Law of the Entrepreneur
The Searle Center on Law, Regulation and Economic Growth at Northwestern University School of Law is continuing its excellent run of conferences with an event on June 18th-19th organized by Daniel Spulber centering around some new (and very interesting looking) papers on economic and legal issues involving entrepreneur and discuss high quality research relevant to ... Conference: The Economics and Law of the Entrepreneur
Darian Ibrahim Joins Us as Guest Blogger
Darian Ibrahim will be guest blogging here for the next couple of weeks. Darian is an Associate Professor of Law at the University of Arizona Rogers College of Law where he teaches Business Organizations, Law & Entrepreneurship, Securities Regulation, and Contracts. He presented his latest paper, Fiduciary Duties, Individual or Collective Liability for Directors, and ... Darian Ibrahim Joins Us as Guest Blogger
Wal-Mart: Alleviating Poverty Abroad, Lowering Prices at Home
Those of us who defend the right to outsource are frequently criticized for lacking compassion and for being concerned only with the bottom line. I’ll admit that profitability concerns generally motivate decisions to outsource (and most other business decisions), but I won’t concede that outsourcing imposes a net harm on the economically disadvantaged. If we’re ... Wal-Mart: Alleviating Poverty Abroad, Lowering Prices at Home
